What is the best way to assess buy & hold and fix & flip markets for multifamily.

Looking for distressed properties that can be purchased significantly below market value in markets where jobs and population is trending upward.
In Market Conditions - Asked by Ben R. - Jun 5, 2010
Report Abuse
Answer this Question


ds l.
Westport, WA

The property has to be able to generate a positive cash flow (breakeven at worst) after fixing it up. Buy with the idea of holding it for a minimum of 6 months, and these costs have to be calculated into the purchase price. I have developed an analysis spreadsheet to address all of these cost. it does mean that as an investor you will only be able to buy successfully about 1% of the properties you consider.
DS Lunsford of DS Lunsford & Associates
I can be reached at dslunsf@msn.com

Jun 9, 2010
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question